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🌐 Wiz’s $450m Dazz deal — a power move in cybersecurity?

Big moves in cloud security! Wiz, a major player in cybersecurity, just acquired dazz for $450M in cash and stock. This deal brings dazz’s expertise in remediation and posture management into wiz's all-in-one platform.

Wiz’s CEO called dazz a “perfect fit” and hinted at more acquisitions coming soon, fueled by $1B set aside for growth. With $500M in annual recurring revenue and nearly half the Fortune 100 as clients, Wiz is betting big on a secure future.

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🌐 Wiz’s $450m Dazz deal — a power move in cybersecurity?

Big moves in cloud security! Wiz, a major player in cybersecurity, just acquired dazz for $450M in cash and stock. This deal brings dazz’s expertise in remediation and posture management into wiz's all-in-one platform.

Wiz’s CEO called dazz a “perfect fit” and hinted at more acquisitions coming soon, fueled by $1B set aside for growth. With $500M in annual recurring revenue and nearly half the Fortune 100 as clients, Wiz is betting big on a secure future.

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"The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" MarĂ©chal said. "It's really in the eye of the beholder whether that's something you want to buy into." Pavel Durov, Telegram's CEO, is known as "the Russian Mark Zuckerberg," for co-founding VKontakte, which is Russian for "in touch," a Facebook imitator that became the country's most popular social networking site. WhatsApp, a rival messaging platform, introduced some measures to counter disinformation when Covid-19 was first sweeping the world. The next bit isn’t clear, but Durov reportedly claimed that his resignation, dated March 21st, was an April Fools’ prank. TechCrunch implies that it was a matter of principle, but it’s hard to be clear on the wheres, whos and whys. Similarly, on April 17th, the Moscow Times quoted Durov as saying that he quit the company after being pressured to reveal account details about Ukrainians protesting the then-president Viktor Yanukovych. In addition, Telegram's architecture limits the ability to slow the spread of false information: the lack of a central public feed, and the fact that comments are easily disabled in channels, reduce the space for public pushback.
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🌐 Wiz’s $450m Dazz deal — a power move in cybersecurity?

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